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    140 N Range Line Rd Carmel, IN 46032

    For Lease
    $30 SF/Yr ($5,600 /Mo)

    Office space for lease in Carmel's Arts & Design district.

    Property size:
    2,240 SF
    Lot size:
    0.25 Acres

    Property Features for 140 N Range Line Rd

    General Information

    Size
    2,240 SF
    Lot size
    0.25 Acres

    Source: Bradley Company - Corporate Agent Kevin Dick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carmel Arts District Office Space

    Located in the heart of Carmel's Arts & Design district, this office space offers an opportunity for both ownership and leasing. The property features a total area of 2,240 square feet. The lease rate is quoted as modified gross, excluding utilities, janitorial services, and snow removal.
    Location Intelligence

    Current Use by Public Records

    Applegate & Dillman Elder ... Elder Law Attorney

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1274723
    Latitude
    39.9799593

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    FAQs

    What type of property is this?
    Office space - Office space for lease in Carmel's Arts & Design district.
    Where is this office space located?
    The property is located at 140 N Range Line Rd Carmel, IN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of Carmel's Arts & Design district; - Option to own or lease; - Lease rate is modified gross
    (317) 213-6692
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    140 N Range Line Rd Carmel, IN 46032
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    Carmel, IN 46032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 N Range Line Rd Carmel, IN 46032
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